🔻 $SOLV /USDT – RISING CHANNEL BREAKDOWN INCOMING!
$SOLV is trading inside a rising channel, but momentum is weakening. Price action shows a clean rejection from the upper boundary, and the current formation indicates a potential breakdown from the support line. A bearish divergence is likely to push it lower in the short term.
📉 Short Trade Setup:
Entry: $0.04543
Take Profit (TP): $0.04274
Stop Loss (SL): $0.04375
Why Short?
Rejection at upper channel resistance with weak follow-through.
Lower highs are forming, and bearish pressure is building.
If channel support breaks, sharp downside move likely to $0.0427 zone.
Risk Management: Set SL just above mid-channel resistance to minimize losses if a bounce occurs.
Don’t let this breakdown pass — enter smart, exit richer!
Ride the momentum before it fades — profits favor the fearless!
